DSP Group Strengthens its Position in Rapidly Growing Headset Market with Acquisition of SoundChip SA

Acquisition extends ANC technology and system design expertise to form best-of-breed provider of next-generation headsets
Google, Panasonic and Technics launch new TWS headsets leveraging DSP Group’s cutting-edge audio technology

SAN JOSE, Calif., June 09, 2020 (GLOBE NEWSWIRE) — DSP Group, Inc. (NASDAQ: DSPG), a leading global provider of wireless chipset solutions for converged communications, today announced the acquisition of privately owned SoundChip SA, a leading supplier of active noise cancellation (ANC) technology, engineering services, design tools, and production-line test systems for headsets. The acquisition combines SoundChip’s proven capabilities in hybrid ANC with DSP Group’s SmartVoice™ advanced low-power voice processing platform, algorithms, and mixed-signal expertise to streamline the delivery of cutting-edge wireless and true wireless stereo (TWS) headsets, from concept through to manufacturing. DSP Group’s technologies have recently been adopted by Google, Panasonic and Technics in their latest TWS headset models.